Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) insider Juniper Investment Company, Ll sold 150,000 shares of Lincoln Educational Services stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $35.67, for a total value of $5,350,500.00. Following the completion of the sale, the insider directly owned 1,938,311 shares of the company’s stock, valued at approximately $69,139,553.37. This trade represents a 7.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Juniper Investment Company, Ll also recently made the following trade(s):
- On Wednesday, February 25th, Juniper Investment Company, Ll sold 275,000 shares of Lincoln Educational Services stock. The shares were sold at an average price of $34.55, for a total transaction of $9,501,250.00.
Lincoln Educational Services Price Performance
Shares of NASDAQ:LINC opened at $35.94 on Friday. The firm has a market capitalization of $1.14 billion, a PE ratio of 57.05, a P/E/G ratio of 3.42 and a beta of 0.92. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $28.03 and a two-hundred day moving average price of $23.58. Lincoln Educational Services Corporation has a twelve month low of $14.10 and a twelve month high of $37.85.
Institutional Investors Weigh In On Lincoln Educational Services
Hedge funds have recently bought and sold shares of the stock. Pillsbury Lake Capital LLC bought a new position in shares of Lincoln Educational Services in the 4th quarter worth $17,028,000. Cannell Capital LLC grew its position in Lincoln Educational Services by 248.6% in the third quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock worth $13,548,000 after acquiring an additional 411,111 shares in the last quarter. Alyeska Investment Group L.P. grew its position in Lincoln Educational Services by 26.1% in the third quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after acquiring an additional 300,000 shares in the last quarter. American Century Companies Inc. increased its stake in Lincoln Educational Services by 293.7% in the second quarter. American Century Companies Inc. now owns 389,989 shares of the company’s stock valued at $8,989,000 after acquiring an additional 290,935 shares during the last quarter. Finally, Needham Investment Management LLC raised its position in Lincoln Educational Services by 30.1% during the fourth quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after purchasing an additional 260,000 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
LINC has been the topic of several analyst reports. Northland Securities set a $36.00 price target on Lincoln Educational Services in a research report on Tuesday, February 24th. Griffin Securities set a $38.00 price objective on shares of Lincoln Educational Services in a research note on Tuesday, February 24th. Lake Street Capital upped their target price on shares of Lincoln Educational Services from $26.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Rosenblatt Securities raised their price target on shares of Lincoln Educational Services from $27.00 to $39.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Finally, Barrington Research set a $38.00 price target on shares of Lincoln Educational Services in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average price target of $37.33.
View Our Latest Stock Analysis on Lincoln Educational Services
About Lincoln Educational Services
Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.
The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.
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